XML 30 R18.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Accumulated Other Comprehensive Income | 3 Months Ended
--- | ---
Dec. 31, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Accumulated Other Comprehensive Income | Accumulated Other Comprehensive Income The changes in AOCI by component, net of tax, for the three-month periods ended December 31, 2024 and 2023 were as follows:
|  | Post-retirement benefit plans |  | Currency translation adjustment |  | Cash Flow Hedges |  | Total
Attributable to Matthews: |  |  |  |  |  |  |  |
Balance, September 30, 2024 |  | $ | 4,955 |  |  | $ | (174,623) |  |  | $ | 926 |  |  | $ | (168,742) |
OCI before reclassification |  | (181) |  |  | (21,187) |  |  | 2,565 |  |  | (18,803) |
Amounts reclassified from AOCI |  | (172) |  | (a) | 6,576 |  |  | (350) |  | (b) | 6,054 |
Net current-period OCI |  | (353) |  |  | (14,611) |  |  | 2,215 |  |  | (12,749) |
Balance, December 31, 2024 |  | $ | 4,602 |  |  | $ | (189,234) |  |  | $ | 3,141 |  |  | $ | (181,491) |
Attributable to noncontrolling interest: |  |  |  |  |  |  |  |
Balance, September 30, 2024 |  | $ | — |  |  | $ | 289 |  |  | $ | — |  |  | $ | 289 |
OCI before reclassification |  | — |  |  | — |  |  | — |  |  | — |
Net current-period OCI |  | — |  |  | — |  |  | — |  |  | — |
Balance, December 31, 2024 |  | $ | — |  |  | $ | 289 |  |  | $ | — |  |  | $ | 289 |
|  | Post-retirement benefit plans |  | Currency translation adjustment |  | Cash Flow Hedges |  | Total
Attributable to Matthews: |  |  |  |  |  |  |  |
Balance, September 30, 2023 |  | $ | 6,760 |  |  | $ | (190,196) |  |  | $ | 9,032 |  |  | $ | (174,404) |
OCI before reclassification |  | 131 |  |  | 11,881 |  |  | (4,389) |  |  | 7,623 |
Amounts reclassified from AOCI |  | (211) |  | (a) | (196) |  |  | (492) |  | (b) | (899) |
Net current-period OCI |  | (80) |  |  | 11,685 |  |  | (4,881) |  |  | 6,724 |
Balance, December 31, 2023 |  | $ | 6,680 |  |  | $ | (178,511) |  |  | $ | 4,151 |  |  | $ | (167,680) |
Attributable to noncontrolling interest: |  |  |  |  |  |  |  |
Balance, September 30, 2023 |  | $ | — |  |  | $ | 266 |  |  | $ | — |  |  | $ | 266 |
OCI before reclassification |  | — |  |  | 22 |  |  | — |  |  | 22 |
Net current-period OCI |  | — |  |  | 22 |  |  | — |  |  | 22 |
Balance, December 31, 2023 |  | $ | — |  |  | $ | 288 |  |  | $ | — |  |  | $ | 288 |
(a) Amounts were included in net periodic benefit cost for pension and other postretirement benefit plans. (b) Amounts were included in interest expense in the periods the hedged item affected earnings (see Note 8). Note 11. Accumulated Other Comprehensive Income (continued) Reclassifications out of AOCI for the three-month periods ended December 31, 2024 and 2023 were as follows:
|  | Amount reclassified from AOCI
Details about AOCI Components |  | Three Months Ended December 31, 2024 |  | Three Months Ended December 31, 2023 |  | Affected line item in the Financial Statements
Postretirement benefit plans |  |  |  |  |  |
Prior service credit (a) |  | $ | 91 |  |  | $ | 91 |  |  |
Actuarial losses |  | 139 |  |  | 191 |  |  | Other income (deductions), net
|  | 230 |  |  | 282 |  |  | Income before income tax (b)
|  | (58) |  |  | (71) |  |  | Income taxes
|  | $ | 172 |  |  | $ | 211 |  |  | Net income
Derivatives |  |  |  |  |  |
Cash flow hedges |  | $ | 468 |  |  | $ | 659 |  |  | Interest expense
Net investment hedges |  | 354 |  |  | 259 |  |  | Interest expense
|  | 822 |  |  | 918 |  |  | Income before income tax (b)
|  | (204) |  |  | (230) |  |  | Income taxes
|  | $ | 618 |  |  | $ | 688 |  |  | Net income
Other |  |  |  |  |  |
Divestitures |  | $ | (6,844) |  |  | $ | — |  |  | Other current liabilities (c)
(a) Prior service cost amounts are included in the computation of pension and other postretirement benefit expense, which is reported in cost of goods sold and selling and administrative expenses.
(b) For pre-tax items, positive amounts represent income and negative amounts represent expense.
(c) Reflects the release of a reserve that was established for currency translation amounts related to certain net assets classified as held-for-sale as of September 30, 2024. See Note 14, "Acquisitions and Divestitures."

X
- References No definition available. + Details
Name: | us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration